The Psychology Behind Pricing Strategies: Why You Pay What You Pay
Ever wondered why a product costs $9.99 instead of $10? Or why luxury brands rarely go on sale? Pricing isn’t just about numbers—it’s about perception, behavior, and psychology.
Her
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Anonymous 3
Stealth • 5d
The anchoring effect is everywhere, right? The way a super expensive option makes everything else look like a bargain. Wow
Mind Games: The Decoy Effect 🧠💡
Ever feel like a third option makes one of the original choices suddenly more appealing? There's a reason for that: the Decoy effect!
Here's how it works:
⭐ Imagine you're choosing a phone plan:
* Option A: 2GB
Planning your MBA?
Option 1- You look for would be for a ISB or an IIM A/B/C. Now this is not easy to crack for 99% Indians and on top of it, it's super expensive.
Option 2 - Remaining MBAs are not that greatly valued by companies. Hence we look
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2 replies2 likes
Mr Z
Stealth • 7m
So what is network effect?
A network effect is when each additional user adds value to the existing user base. So your users themselves are creating some value for the existing users.
So ,to understand better understand that google is the only one
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9 replies7 likes
Pavan
Stealth • 12d
Branding is super important for startups. It’s how people see and remember you. A solid brand helps you stand out, build trust, and connect with the right audience. Plus, it makes it easier to grow and stay consistent as your business takes off. Thin
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0 replies2 likes
Abhishek S Kulkarni
Stealth • 5m
Two screen shots from @zomato app. Look carefully and tell me if it makes sense to give the 'no. of quantity' option till I reach 50,000 max amount to pay. I know this particular restaurant can hardly sell 500 burgers a month.
And that too deliver i
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12 replies10 likes
Sairaj Kadam
Stealth • 5d
The Psychology Behind Pricing Strategies: Why You Pay What You Pay
Ever wondered why a product costs $9.99 instead of $10? Or why luxury brands rarely go on sale? Pricing isn’t just about numbers—it’s about perception, behavior, and psychology.
Her
See More
11 replies5 likes
Bappa Dittya Saha
•
Catalyst • 2m
Jump from one job to another. Switch industries. Try new roles, fail spectacularly, and then move on.
Have multiple affairs with your career choices—because how else will you find the one you truly love?
Don't let anyone tell you to settle for a j
From my early days, I opted to work in startups rather than working with MNCs. One question everyone asks me is, 'Do you still regret choosing to work in startups?' "Definitely Not". Startups allowed me to learn and understand the ground reality. I c
Be consistent
In business, any agreements are highly valued, but those who do not violate them are valued even more.
If you promise to do something, then do it on time.
If it doesn’t work out, because there are all sorts of situations, then tell m
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0 replies3 likes
The next billionaire
Stealth • 19d
The youth of India spends money they don't have to play status games.
Multiple people making <₹50k ($600)/mo in their 20s are buying
— iPhone & other Apple products (on interest)
— Coldplay / Dua Lipa concerts
— trips to Thailand / Vietnam / Goa
Th